BREAKING: Roger Alies Resigned From Fox News A New CEO Has Taken Over Effective Immediately

Roger Alies Resigned

Roger Alies Resigned From Fox News A New CEO Has Taken Over Effective Immediately

21st Century Fox Inc. Said Thursday Roger Ailes, chief executive of Fox News Channel and Fox Business Network has resigned, effective immediately. The move comes after recent sexual harassment allegations against the long-time head of the network. Rupert Murdoch, executive chairman of 21st Century Fox, will take over as acting CEO of Fox News and Fox Business. Shares of Fox were not active in after-hours trade. MarketWatch is owned by Dow Jones, which is part of News Corp.

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“Roger Alies has made a remarkable contribution to our company and our country.  Roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years.

Fox News has given voice to those who were ignored by the traditional networks and has been one of the great commercial success stories of modern media.

It is always difficult to create a channel or a publication from the ground up and against seemingly entrenched monopolies.  To lead a flourishing news channel, and to build Fox Business, Roger has defied the odds.

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His grasp of policy and his ability to make profoundly important issues accessible to a broader audience stand in stark contrast to the self-serving elitism that characterizes far too much of the media.

I am personally committed to ensuring that Fox News remains a distinctive, powerful voice.  Our nation needs a robust Fox News to resonate from every corner of the country.

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